Nvent Electric Plc · NYSE:NVT
Nvent Electric — Baird Global Industrial Conference 2018
16 slides from Nvent Electric's conference presentation, Nov 6, 2018
Slide 1: Baird Global Industrial Conference 2018
Baird Global Industrial Conference 2018 Beth Wozniak, CEO Stacy McMahan, CFO November 6, 2018
Slide 2: Forward-Looking Statement
Forward-Looking Statement CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are fo
Slide 3: Key Definitions and Notes
Key Definitions and Notes Except as otherwise noted all references to 2018 and 2017 represent our results for the period indicated, presented on an adjusted basis “Organic Sales" refers to GAAP revenue excluding (1) the impact of currency translation and (2) the impact of revenue from acquired b
Slide 4: Leading Electrical Company Focused on Connection & Protection
Leading Electrical Company Focused on Connection & Protection Company Characteristics 2017 Financials Industry-leading positions and strong brands $2.1B Focused on improving utilization, lowering Revenue costs and maximizing customer uptime Attractive margin profile 20% ROS Strong free cash
Slide 5: Mission-Critical Solutions That Create Value
Mission-Critical Solutions That Create Value Mission-Critical Customer Productivity & High Cost of Failure Solutions Total Cost of Ownership Our products… Our products… Our products… • Connect and protect • Protect equipment and • Reduce labor cost in across broad range of electronics in hazardous i
Slide 6: nVent Strategy
nVent Strategy One nVent Accelerate Focus on Attractive Grow Globally and in Innovation and Verticals Developing Regions Connected Solutions Drive Productivity and Velocity Pursue Targeted Bolt-on Acquisitions 6
Slide 7: Segment Highlights
Segment Highlights Enclosures Thermal Management EFS Focus on Attractive Accelerate Innovation Accelerate Innovation Verticals and Connected and Grow Globally Solutions Data & Networking Solutions The Elexant Family CADDY Seismic Bracing New commercial team More options to connect to Different
Slide 8: Q3 '18 nVent Performance
Q3 ’18 nVent Performance Sales ($ in millions) Financial Highlights (YoY) $11 $0 $564 Organic sales up 5% $19 ($7) • Enclosures: Up 8% $541 ~4% • Thermal Management: Up 2% YoY • EFS: Up 6% Segment Income up 1%, up 5% 3 pts 2 pts 0 pts -1 pts excluding corporate and other costs Q3 ’17 Volume Pric
Slide 9: Capital Allocation Update
Capital Allocation Update Return Excess Reinvest in Manage Leverage M&A Cash to the business Shareholders • Paid down $50M of • Target capex ~2% • Focus on bolt-on • Generated year-to- debt in September of Sales acquisitions date Free Cash • Target Debt to • One nVent growth • Target ROIC greater Fl
Slide 10: Long-term Financial Framework
Long-term Financial Framework Long-Term Goals Differentiated growth Revenue 1-2% above GDP Segment Income Margin Expansion EPS Top Tier Performance Free Cash Flow = Cash Flow 100% Adjusted Net Income Long-term value creation goals 10
Slide 11: Summary: We are a Leader in Connection and Protection
Summary We are a Leader in Connection and Protection Industry-leading positions in growing verticals Attractive segments with differentiated growth opportunities Clear strategy and focused on driving organic growth One nVent approach accelerating performance Consistent and strong free cash
Slide 12: Thank You
Thank You
Slide 13: Appendix
Appendix
Slide 14: Reported to Adjusted 2018 Reconciliation
Reported to Adjusted 2018 Reconciliation 14
Slide 15: Reported to Adjusted 2017 Reconciliation
Reported to Adjusted 2017 Reconciliation 15
Slide 16: Organic Sales Growth & Free Cash Flow Reconciliation
Organic Sales Growth & Free Cash Flow Reconciliation 16
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